[SlightlyMad]

Ring games or tournament play shouldn't matter for that purpose; it should be paying tax on the amount that you had at the start of the year versus the amount that you had at the end of year.

The major issue is that for ring games (or Internet tournaments), you will have virtually no expenses ... you can just keep track of what's in your bankroll. Big money live tournament play is where you can get a lot more in terms of expenses.

If you assert to Revenue Canada that all of your buy-ins and cashouts go through Neteller, an itemized list from Neteller over the course of the last twelve months should be sufficient as proof of your taxable income. If you have a PokerTracker database that shows a similar profit rate, you may want to put it aside at the end of the year in case someone asks.

Another important thing to remember is that IF you are paying more than $2000 in tax ... they may ask you to submit tax in instalments the next year, and assign penalties to you if you pay >= $2000 at the deadline year after year. Tax sucks enough ... but extra tax due to not paying instalments regularly over the year sucks more.

If you have any other questions, feel free to PM me.

Hope that helps!